TokenGo - is a blockchain based business tokenization platform offering fair rewards to its participants who form a local community of actual and potential investors and cryptocurrency investment experts.
The TokenGo platform is based on blockchain, using proprietary solutions designed and coded from scratch to improve the speed and scaling performance of the network. Owing to its architecture, the TokenGo technology concept provides for easy integration of any mobile or web application with blockchain functions through the simple TokenGo API. The unique TokenGo smart contract constructor minimizes the impact of the human factor on systematization and regulation of ICO procedures.
TokenGo offers a consolidated web platform with personal cabinets and comprehensive information on connected and forthcoming services and projects, as well as the current ICO procedures.
Entrepreneurs and start-up founders need comprehensible tools for ICO procedures enabling easy integration with a crowdfunding blockchain platform. The TokenGo ICO landing page constructor solves the problem fully. ICO initiators can flexibly adjust their websites to perform ICO's and quickly, in just a few clicks, integrate them into the TokenGo web platform.
Thus, we enable idea originators and project starters to considerably reduce the financial thresholds and simplify the introduction of startups to the market; we ensure complete transparency of financial operations and allow investors to minimize risks.
The TokenGo community strongly supports the concept of economic incentives as the main tool for attracting participants and, consequently, allowing them to receive fair remuneration, proportional to their contribution.
The TokenGo Community’s web platform enables participants to create media content in the form of reviews, expert analyses or forecasts and hold discussions using comments and votes.
The Community’s essential objectives include creating high-quality content and promoting active social interaction among the participants to ensure an efficient and professional approach to investing. In order to boost this process, we offer an incentive scheme based on a DPoS consensus customized modification, which involves fair distribution of GoCoins among GoPower token holders and other categories of Community participants.
The Blockchain technology traces its roots back 2008 when Satoshi Nikomoto, a programmer and cryptographer, published his article about bitcoin, which few people knew about at that time. He was the first to lay down the concept and the main principles of a decentralized transaction confirmation system which does not require involving any third parties and is therefore protected from any external influence. The innovativeness of the solution and the bitcoin open-source code fired the imagination of technologists and economists all over the world and provided a powerful impetus for further research and discoveries in crypto-financial relations.
A few years later, Vitalik Buterin, a Canadian programmer of Russian origin, realized that the blockchain technology could give much more than its author had initially supposed. A decentralized confirmation system is so versatile that it can record information about the overwhelming majority of possible events and distribute it to its blocks. Buterin brilliantly developed the idea Satoshi had the laid basis for, the idea of so-called smart contracts, self-contained and self-performed contracts, distinguished by increased security and exclusion of conventional risks. This is how the famous Ethereum, appeared which has become a worthy rival to Bitcoin.
Nowadays, cryptocurrencies and technologies are still developing, analysis and statistics reveal areas of concern and prospects for the growth of this new economic realm. What we are witnessing now in the blockchain industry leads us to the following conclusions:
Firstly. Blockchain capabilities have not been fully discovered yet. There are some signifi- cant problems: the transaction rate leaves much to be desired, the scaling and third-party solution resource is restricted, the smart contract technology requires further development. If these challenges are met, the entire cryptography community will be taken to a whole new level of development.
Secondly. due to a rapid increase in the number of projects applying for ICO, there is a defi- ciency of major blockchain platforms, which allow conducting ICO procedures and business tokenization properly and securely. There are also insufficient full-fledged tools for fast project elaboration and preparation for ICOs. The optimal solution to all the above issues could be provided by the TokenGo blockchain platform which will be utilized as the basis for developing and releasing a unique smart contract constructor whose customization will not take much time in each particular case. Its practical objective is to ensure operational transparency and security; as well as to prepare and provide a comprehensive set of tools for project founders (including tokens, landing pages, a bounty campaign structure including personal cabinets for their participants, turnkey solutions for website security, etc.) which, altogether, allows to substantially reduce financial expenditure, prepare for regulation and facilitate project introduction to the market.
Thirdly. we are aware that the future of the crypto-financial community relies on forming a closed circuit of cryptocurrency emission and circulation. The potential for development lies in a possibility of unhindered practical use of cryptocurrencies for non-investment purposes. All participants should be able to convert their savings into not only real cash but also products or services within the ecosystem. This is enabled by extending the TokenGo blockchain platform up to a full-fledged ecosystem cooperating with numerous representatives of startups, projects and services who strongly support the above-mentioned idea of a unitifying, self-sustained platform serving its participants and are ready and willing to offer their products and services in exchange for the platform’s highly liquid in-house currency.
Metkalfe’s Law, set forth in 1980s, states that the network utility is proportional to the square of the number of the network users. When a community achieves a certain critical mass, its maintenance costs decrease while its utility keeps growing without any limitation. This is why we focus on organizing the TokenGo community supporting all significant functions of a social network, from creating virtual users’ profiles and providing for their interaction, down to the possibility of achieving common goals through cooperation, resource interchange, meeting needs through accumulation of resources, etc.
We are aware that the success of a crypto-financial ecosystem depends on each of its members, and we are ready to support participants providing fair rewards, proportional to their contribution to the Community (regardless of its primary form: either by money or effort) and provide functionality that enables fulfilling any economic or social needs related to obtaining and utilizing any goods without leaving the ecosystem.
We are inspired by ideas of Steem, a project, which was one of the first to implement a fair rewarding system and declared the principle of the whole Community working towards the benefit of its every member. This has become one of the basic principles for our platform too. We wholeheartedly share and support the idea of in-house production to meet our participants’ needs.
TokenGo fully supports the idea of economic incentives as the main tool attracting participants and thus allowing each of them to receive timely and fair rewards proportional to their contribution. In this paper, we are going to present some additional features and brand–new proprietary mechanisms for encouraging participants to produce goods as well as evaluating and rewarding each TokenGo Community member’s contribution.
22 Days Left To The End Of ICOICO will finish 30.04.2018 00.00 UTC
